Pacquiao ‘top tax-payer in Philippines’

Updated 28 March 2015
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Pacquiao ‘top tax-payer in Philippines’

MANILA: Boxing hero Manny Pacquiao, who faces his biggest fight against unbeaten American Floyd Mayweather, already holds top spot as the number one taxpayer in the Philippines, government records showed Saturday.
A list of top individual tax-payers for 2013, posted on the Bureau of Internal Revenue website, put the boxer-turned-congressman at number one with 163.84 million pesos ($3.72 million) in taxes paid.
This was about 64 percent higher than the second-highest taxpayer.
Internal revenue chief Kim Henares confirmed that Pacquiao topped the list but stressed that he still had a case pending over alleged non-payment of taxes earlier.
Although hailed as a national hero for his boxing feats, Pacquiao has run afoul of tax officials before and is embroiled in a dispute with the revenue bureau saying he owed at least 2.2 billion pesos in unpaid taxes for 2008 and 2009.
“The case is still ongoing. No, he has not settled. Being a top tax-payer... does not mean he paid the correct taxes. The two issues are not synonymous,” Henares said in a statement to AFP.
The boxer has previously insisted he paid the 2008 and 2009 taxes in the United States, so did not need to do so in the Philippines because the two countries have an agreement allowing their citizens to avoid double taxation.


China’s military to conduct live fire exercises around Taiwan on Tuesday

Updated 29 December 2025
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China’s military to conduct live fire exercises around Taiwan on Tuesday

  • A spokesperson ‍for China’s Eastern Theatre said the drills are ​called “Just Mission 2025” and will ⁠focus on naval and airforce combat readiness and controlling key ports and other areas

BEIJING: China’s military will conduct ​live fire exercises around Taiwan on Tuesday, state news agency ‌Xinhua ‌reported ‌on ⁠Monday, ​with ‌a graphic demarcatating five zones surrounding the island that will be ⁠under sea ‌and ‍air space ‍restrictions.
A spokesperson ‍for China’s Eastern Theatre said the drills are ​called “Just Mission 2025” and will ⁠focus on naval and airforce combat readiness and controlling key ports and other areas.